Property for Auction in Koramangala, Bengaluru, Karnataka
Auction ID:464363
Bank Name:Indian Overseas Bank
Branch Name:KORAMANGALA BRANCH
Reserve Price:₹6,60,25,000
EMD:₹66,02,500
Service Provider:ebkray
Submission Date:15-03-2025 05:00 PM
Bid Start Date:17-03-2025 11:00 AM
Residential land located at Koramangala, Bengaluru, measuring 3300 sq. ft. (East to West 60 feet, North to South 55 feet). It includes a non-residential building on the ground floor measuring 2400 sq. ft. The property is situated in Koramangala Village, Koramangala-560095, Bengaluru, with BBMP PID No. 67-11-21. The property boundaries are: East by Property of Sri Krishna Munireddy & Sri Gurumurthy Reddy, West by Road, North by Property of Sri. Ramaswamyreddy, and South by Property of Sri Jayaramareddy. The property is equitably mortgaged and is in the name of Mr. Sri Sudhakar R. It serves as common security for a housing loan account held jointly by directors of M/s S&G Metal Building Solutions (India) Private Limited.
State:Karnataka
City:Bengaluru
Area:Koramangala
Asset Category:Residential
Indian Overseas Bank is conducting a SARFAESI Auction for a residential land property located in Koramangala, Bengaluru. The property is identified by BBMP PID No. 67-11-21 and measures 3300 sq. ft. It features a non-residential building on the ground floor measuring 2400 sq. ft. The property is owned by Mr. Sri Sudhakar R and is jointly secured for a housing loan account. The auction has a reserve price of ₹6,60,25,000 and an Earnest Money Deposit (EMD) of ₹66,02,500. The auction will be held on March 17, 2025, from 11:00 AM to 4:00 PM. Applications must be submitted by March 15, 2025, 5:00 PM. For further details, contact iob1485@iob.in.
Borrower Name:M/s S&G Metal Building Solutions (India) Private Limited
Auction Type:SARFAESI Auction
Contact Email ID: iob1485@iob.in